Blue Star Ltd. - Long Setup (Swing Trade)
Updated
Blue Star Ltd. has approached a key level, presenting a potential swing trade setup. Here’s the trade plan:
Entry Zone: 1880
Entry Price: Once a 15-minute candle breaks above 1880, the high of that candle will confirm the entry.
Target: 2048.50
Stop Loss: 1795.80 (Triggered if a daily candle closes below this level)
The stock is currently testing the entry zone at 1880, and if there’s a confirmed breakout, we could see momentum driving it toward the target of 2048.50. The stop loss at 1795.80 offers a controlled risk, providing a favorable risk-reward ratio for this setup.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Entry Zone: 1880
Entry Price: Once a 15-minute candle breaks above 1880, the high of that candle will confirm the entry.
Target: 2048.50
Stop Loss: 1795.80 (Triggered if a daily candle closes below this level)
The stock is currently testing the entry zone at 1880, and if there’s a confirmed breakout, we could see momentum driving it toward the target of 2048.50. The stop loss at 1795.80 offers a controlled risk, providing a favorable risk-reward ratio for this setup.
Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.
Trade closed: stop reached
Daily candle closed below the stoploss 1795.80, so trade closed.
Disclaimer
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